FRANCISCAN UNIVERSITY OF STEUBENVILLE
Mission Statement
The Mission of Franciscan University Summary A statement of purpose, commitment and policy highlighting the distinguishing marks of the University. "The purpose of the Corporation [University] is to further the higher education of men and women through programs of liberal, professional and pre-professional studies leading to the conferral of the baccalaureate and master degrees in the arts and sciences. Said degrees shall be conferred in accordance with the provisions of the Articles of Incorporation of the University and the laws of the State of Ohio." "It shall be the further purpose of the University, publicly identified as a Catholic and a Franciscan institution, to promote the moral, spiritual, and religious values of its students. The University will be guided by the example and teaching of St. Francis of Assisi." (Bylaws) - See more at: http://www.franciscan.edu/about/mission-statement/#sthash.G3E9o8cj.dpuf
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.1% | 87.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.1% | 10.5% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.8% | 1.3% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
24570.2% | 4180.7% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
23.5 mo | 20.9 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
17.3% | 26.1% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
77.2% | 82.9% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
6.2% | 6.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.8% | 4.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
12.0% | 3.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $165.0M | $145.2M | $283.9M | 88.1% | 2150 |
| 2024 | $155.4M | $134.6M | $262.6M | 87.5% | 2120 |
| 2023 | $128.2M | $124.1M | $235.1M | 82.7% | 2121 |
| 2022 | $157.1M | $116.9M | $235.6M | 82.5% | 2103 |
| 2021 | $112.2M | $109.0M | N/A | — | 1980 |
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